Save big with store liquidation sales!
●1 Snag the lowest prices by waiting!
Do you head to a liquidation sale as soon as it starts to be sure you get the items you want? You’re better off waiting! Many businesses sell their products at full price (or higher than their original price!) before lowering them as the sale goes on— despite “sale” signs they put up on day one! So what’s the best time to look for discounts? At least three weeks into the sale. By then, the company will be desperate to clear out their stock before they close their doors for good, so they’ll slash prices!
●2 But use gift cards faster!
If you have a gift card for a store that’s closing, call to ask how long you can use it during the liquidation sale. Often, there’s a limited time at the beginning when you can redeem gift cards— for example, the first two weeks. If you miss it, you’ll lose your opportunity to use your gift card altogether once the store closes!
●3 Check that the product is genuine!
Expect to find a great deal on a high-quality product because of the store’s good reputation? Before you buy an item, look carefully at its tag or look it up online to ensure that it was originally sold by the store that’s holding the sale. Some retailers ship in cheaper-quality products from other stores during a liquidation sale to make more money!
●4 Skip it if you can’t inspect it!
During liquidation sales, stores want to sell off all their stock— and that includes goods that have been returned. This can mean that an item can be damaged or missing key components. Since you typically can’t return or exchange items in a liquidation sale, if you’re not allowed to open boxes and plug in electrical items before buying, consider shopping elsewhere so you don’t lose your money. And pay with a credit card that offers buyer protections in case you find a problem after your purchase. Also smart: Save your receipts— if an item breaks after you buy it, you can contact the manufacturer about their repair or replacement policy.